high risk high return
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Banking & Finance
Korean pension subscribers show ultra-low risk tolerance
South Korean pension plan subscribers prefer to protect their money rather than taking risks for capital gains despite the government's effort to en...
Aug 13, 2024 (Gmt+09:00)
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Companies
S.Korea's top three tire makers sell 45 mn units in H1 2024
South Korean tire manufacturers have nearly reached sales of 45 million units in the global market during the first half of this year, the Korea Tir...
Aug 12, 2024 (Gmt+09:00)
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Automobiles
The new Kia K8: A high-tech, modern and innovative sedan
South Korea’s second-largest automaker Kia Corp. on Friday unveiled a new K8 large-size sedan, its first drastic facelift in three years.Kia, ...
Aug 09, 2024 (Gmt+09:00)
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Economy
S.Korea’s current account at near 7-year high on strong chip exports
South Korea reported its biggest monthly current account surplus in six years and nine months thanks to robust exports of semiconductors. But the gr...
Aug 07, 2024 (Gmt+09:00)
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Automobiles
Hankook Tire to supply tires to Mercedes-AMG for first time
Hankook Tire & Technology Co. said on Wednesday that it will supply its tires for Mercedes' high-performance brand AMG's sports car, the GT Coup...
Aug 07, 2024 (Gmt+09:00)
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Korean food
South Korea enjoys record-high kimchi exports in first half
South Korea's kimchi exports surged to an all-time high for a six-month period in the first half of this year, according to data from the Korea Agro...
Aug 05, 2024 (Gmt+09:00)
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Automobiles
Hyundai Tucson HEV posts record US sales as hybrids catch on
South Korea’s Hyundai Motor Co. saw sales of the hybrid version of its flagship Tucson SUV hit an all-time monthly high in July in the US, the...
Aug 02, 2024 (Gmt+09:00)
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Regulations
S.Korea, China's technology leak, anti-dumping disputes surge
South Korean companies are getting tough on anti-dumping and patent infringement cases as they feel threatened by the intensifying price competition...
Aug 02, 2024 (Gmt+09:00)
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Automobiles
IONIQ 5 N selected as official car of Fuji Speedway Circuit
Hyundai Motor Co. announced that its high-performance electric vehicle (EV) the IONIQ 5 N was selected as the official car of Japan's Fuji Speedwa...
Aug 02, 2024 (Gmt+09:00)
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Fintech
BalanceHero sees record high H1 sales in India
BalanceHero, a South Korean fintech startup that entered the Indian market, announced on Friday that its sales and loan execution amounts for the fi...
Aug 02, 2024 (Gmt+09:00)
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Real estate
Korean commercial real estate market to show slow recovery in H2
South Korea’s commercial real estate market will post a slow recovery in the second half of this year due to rate cut delays and no big correc...
Jul 31, 2024 (Gmt+09:00)
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Earnings
Samsung set to ship HBM3E chips in H2 after strong H1
Samsung Electronics Co. expects it will be ready to ship its fifth-generation high-bandwidth memory (HBM) chips, or HBM3E, in the second half, demon...
Jul 31, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix aims for graphics chip supremacy with GDDR7 in Q3
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., said on Tuesday it plans to begin volume production ...
Jul 30, 2024 (Gmt+09:00)
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Earnings
Woori Financial vows higher shareholder returns, value-up after record Q2
Woori Financial Group Inc., South Korea’s fourth-largest financial services holding company, plans to significantly enhance its shareholder va...
Jul 26, 2024 (Gmt+09:00)
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Earnings
Hybrids, SUVs drive Hyundai Q2 profits to record high
Hyundai Motor Co. posted its strongest quarterly results in the second quarter, with brisk sales of high-margin models such as hybrid cars and sport...
Jul 25, 2024 (Gmt+09:00)
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Energy
High power bills drive Korean manufacturers out of country
South Korean manufacturers are increasingly moving abroad as the country's electricity bills are hovering about 30% higher than those of major eco...
Jul 23, 2024 (Gmt+09:00)
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Electronics
LG Elec OLED evo TV tops in 14 countries
LG Electronics Inc. announced that its premium lineup LG OLED evo TVs achieved first place in performance evaluations by consumer media outlets in...
Jul 22, 2024 (Gmt+09:00)
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Automobiles
Genesis GV80 global sales hit record high in Jan-June 2024
The sport utility vehicle GV80 under Hyundai Motor Co.'s premium Genesis brand recorded its highest half-year sales in the first half of this year, ...
Jul 21, 2024 (Gmt+09:00)
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Foreign exchange
Korea's foreign currency savings snap 5-mth losing streak
Foreign currency deposits in South Korea increased in June, snapping their losing streak over the past five months, with the yen-denominated savings...
Jul 19, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung sets sights on next-generation memory CXL DRAM
South Korean tech giant Samsung Electronics Co. is setting its sights on next-generation memory technology, dubbed CXL, to lead the artificial intel...
Jul 18, 2024 (Gmt+09:00)
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Automobiles
Kumho Tire to supply tires for Alpine Class
South Korea's Kumho Tire Co. announced on Friday that it will exclusively supply high-performance tires for the Renault high-performance car one-mak...
Jul 12, 2024 (Gmt+09:00)
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Electric vehicles
Genesis GV60 Magma to enter production in 2025; hybrid model eyed
When Hyundai Motor Co. unveiled the Genesis GV60 Magma Concept at Genesis House New York this March, the premium brand’s color – vivid o...
Jul 12, 2024 (Gmt+09:00)
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ESG
LG Energy Solution acquires anti-bribery certification
South Korea's LG Energy Solution Ltd. announced on Thursday that it achieved ISO 37001 certification, an international standard for anti-bribery man...
Jul 11, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor Group, Oxford Univ. establish Foresight Center
Hyundai Motor Group announced on Tuesday that it partnered with the University of Oxford and established the Oxford-Hyundai Motor Group Foresight Ce...
Jul 09, 2024 (Gmt+09:00)
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Korean stock market
Foreign net buying of S.Korean stocks hits all-time high
Offshore investors net purchased nearly 23 trillion won ($16.7 billion) worth of South Korea-listed stocks in the first half of this year. The buyin...
Jul 08, 2024 (Gmt+09:00)
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Batteries
Samsung SDI to ink $726 mn ESS deal with NextEra Energy
Samsung SDI Co., the world’s sixth-largest electric vehicle cell maker, is set to provide batteries for energy storage systems (ESS) to NextEr...
Jul 05, 2024 (Gmt+09:00)
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Banking & Finance
Meritz to return 50% of net profit to shareholders
Meritz Financial Group Inc. became the first South Korean financial holding company to unveil a concrete shareholder return plan, pledging to alloca...
Jul 05, 2024 (Gmt+09:00)
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Korean stock market
Korean IPO boom sets record; bubbles burst post debut
South Korea’s initial public offerings in the first half of this year were oversubscribed 1,610 times, the highest-ever rate for a half-year p...
Jul 04, 2024 (Gmt+09:00)
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Food & Beverage
Jollibee to acquire Korea’s Compose Coffee in $340 mn deal
Jollibee Foods Corp., the Philippines’ largest fast-food chain, is set to take over a majority stake in Compose Coffee Co., South Korea’...
Jul 03, 2024 (Gmt+09:00)
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Banking & Finance
Korean banks to cut corporate loans for profitability
South Korea’s Hana Bank is set to reduce new corporate loans despite rising demand to improve profitability and soundness after having increas...
Jun 30, 2024 (Gmt+09:00)
Latest News
- 1 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 2 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand